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Changing Trend in Microfinance

Prakash Raj Sharma, CEO, Laxmi Laghubitta Bittiya Sanstha Ltd. – Microfinance as it seen today was not same when it was started by Md. Yunus, a professor of economics in 1976. It was the “microcredit” at the start and was initiated from a small village of Bangladesh by providing credit …

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Sustainable Development in Nepalese Context

Madan Shrestha – Sustainable Development has been a global agenda for development Goals.The development comes from roots of the society. Development is a subjective thing. It is an economic growth has been used with other terms such as development, modernization, westernization and industrialization. Furthermore sustainable development is the development that …

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Manjushree Finance also joins connectIPS e-Payment System

Nepal Clearing House Ltd. (NCHL) has enrolled Manjushree Finance Limited in the connectIPSe-Payment System from today. With this, the customers of Manjushree Finance will be able to initiate payment transaction up to NRs 100,000 through www.connectips.comand up to NRs. 5,000 through Mobile Application. The customers can enroll and link their …

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Basel Accord and Nepalese Banking Industry

Arbind Aryal – The growth of each economy depends on the strength of the financial system. In the context of Nepalese banking industry after the insurgency period of civil war and inaugurations of new provisional constitution in 2062, private sector entrepreneur play a role of Catalyst in developing the financial …

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Himalayan Bank provides computers to various community schools

Himalayan Bank Ltd., on the occasion of its 25th Anniversary, has provided desktop computers to various community schools located at various parts of the country.  Under the corporate social responsibility initiations of the Bank, it has donated, 6 units of computers to Shree Kuleshwor High School, Kuleshwor, Kathmandu, 12 units …

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NMB signs MOU with Karjabazaar

NMB Bank Ltd. and Karjabazaar signed a Memorandum of Understanding (MOU) whereby borrowers interested in NMB Bank’s loan products can now easily view loan details, apply and track loan status in karjabazaar.com. Customers can directly apply for loans availed by NMB Bank through the web portal and track the status …

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First Provincial Capital Market Expo starts from Friday

The First Provincial Capital Market Expo has been started from industrial city Biratnagar. The 2 days program has been inaugurated by the chief minister of province no 1 Sherdhan Rai. The expo is organized by Nepal Dhitopatra Board with the aim to inform people of province no 1 about stock …

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What is ICRA Nepal ? What does it do ?

ICRA Nepal limited is the first credit Rating agency in Nepal is subsidiary of ICRA limited ( A moody's investors service company) which holds 51% equity in ICRA Nepal. It was granted license by the Securities Board of Nepal( SEBON) on October 3, 2012 ICRA Nepal limited (ICRA Nepal) is …

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Laxmi Bank handovers 2 Electric Vehicle to Pashupatinath

As a part of their Corporate Social Responsibility (CSR), Laxmi Bank today handed over two Electric Vehicles to Pashupati temple. The EV will transport to the temple entrance from the parking lot for the senior citizens and needful devotees who cannot/ have difficulties in walking. The vehicle will run free …

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